The RPI Report: Investment Restrictions May Give the Sidetracking Market a Chance
Effective of May 2022, as part of the OPEC+ agreement, it has been planned to raise the level of production base, serving as the basis for oil production quotas, for five countries, including the Russian Federation. In absolute terms, this means that Russia will be able to produce 21 MМT …
Russian Drilling Market: A Paradigm Shift
In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …
RPI: ESPO Holding Back Production
Vadim Kravets In September 2013 the board of directors of Transneft approved the company’s investment program for 2014 and until 2018. The document sets out the scope of funding for the construction and upgrade of the existing pipelines. Specifically, the program calls for allocating over 100 billion rubles in order …
Development of the Russian Arctic Shelf: The Need for Accelerated Development Part 2
Vadim Kravets: leading Analyst Following on from Part 1 of this article which ran in issue 30 of ROGTEC, the article discussed how In early August 2012 the Russian government requested a revision of the draft Program for development of the Continental Shelf. On the whole, however, the government approved …